1324 W Florence Avenue

    Los Angeles (City), CA 90044
    • $499,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: 18335362
    UPDATED: 42 min ago
    $499,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,483
      SQFT
    • $336
      $/SQFT
    Type:
    Multi-Family
    Built:
    1933
    County:

    School Ratings & Info

    Description

    Calling all investors and developers! Mixed used (retail/residential) in the heart of Los Angeles. Subject consist of 2 seperate dwelling. The front retail building consists of 784 SF of retail space. The retail space has over 28 feet of frontage along Florence Blvd. The rear building consists of a single family home. The home consists of 2 beds and 1 bath and is in great shape. The property is in turnkey condition and ready to flow $! Located along a strip of Florence Blvd that will lead towards the Forum and the long awaited for Hollywood Park Tomorrow. Located close to freeways, public transit, shopping dining and more. Just a few lots east of a major commercial thoroughfare (Florence and Normandie). Drive by and witness all the new development in the area, don't miss out!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-17T21:30:23.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/82773319

    1324 W Florence Avenue Los Angeles (City), CA 90044

    • Price: $499,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 18335362
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,483
    SQFT
    $336
    $/SQFT
    1933
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    Calling all investors and developers! Mixed used (retail/residential) in the heart of Los Angeles. Subject consist of 2 seperate dwelling. The front retail building consists of 784 SF of retail space. The retail space has over 28 feet of frontage along Florence Blvd. The rear building consists of a single family home. The home consists of 2 beds and 1 bath and is in great shape. The property is in turnkey condition and ready to flow $! Located along a strip of Florence Blvd that will lead towards the Forum and the long awaited for Hollywood Park Tomorrow. Located close to freeways, public transit, shopping dining and more. Just a few lots east of a major commercial thoroughfare (Florence and Normandie). Drive by and witness all the new development in the area, don't miss out!
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Driveway - Concrete Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 5.00 Gross Multiplier 5.00 Gross Operating Income 1600.00 Improvements Amount 76500 Land Value 153000 Laundry YN No Net Operating Income 1600.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lac2

    Listing provided courtesy of Armin Soleimani of Global Major Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-17T21:30:23.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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